U.S. stocks slump for second day as jobless count spikes

U.S stocks tally a second straight day of losses after the government reports a 553,000 drop in payrolls in November. See full story.

Economic Report: Payrolls plunge by stunning 533,000 in November

U.S. nonfarm payrolls plunged by 533,000 in November, the worst job loss in 34 years, the Labor Department reports. See full story.

Currencies: Dollar rises after dismal Nov. jobs data

The dollar rose against most currencies except the Japanese yen, as a brutal plunge in November U.S. nonfarm payrolls enhanced the greenback's safe-haven appeal in the face of an increasingly bleak outlook for the global economy. See full story.

Ryanair may be closing in on Aer Lingus with sweetened terms

The near collapse of the Irish economy and a sweetened sales pitch may finally allow Ryanair Holdings, Europe’s largest low-cost airline, to bag rival Aer Lingus Group after a two-year wait. See full story.

David Weidner's Writing on the Wall: Obama is palling around with the wrong kind again

President-elect Barack Obama, like every candidate seeking to oust a ruling party, has campaigned on a platform of change. And now runs the risk of failing to deliver the goods. Just take a look at his roster of advisers, says David Weidner. See full story.

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